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We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career loss from graduating in recessions. Using Norwegian data, we find a strong countercyclical...
Persistent link: https://www.econbiz.de/10009613683
We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career loss from graduating in recessions. Using Norwegian data, we find a strong countercyclical...
Persistent link: https://www.econbiz.de/10013099746
Persistent link: https://www.econbiz.de/10009581179
Persistent link: https://www.econbiz.de/10011770557
This paper investigates the extent to which the returns to gaining a PhD degree depend upon the region of birth, the region where the degree was earned, and the place of work. Eastern Germany serves as an interesting showcase in light of the ongoing debate surrounding the underrepresentation of...
Persistent link: https://www.econbiz.de/10012159470
This paper analyses the determinants and consequences of horizontal job-education mismatches, an increasingly relevant topic in debates about education and labour markets. This issue reflects the articulation of educational fields and occupations in the labour market. We evaluate the...
Persistent link: https://www.econbiz.de/10012022747
During the early Nineties the proportion of UK graduates doubled over a very short period of time. This paper investigates the effect of the expansion on early labour market attainment, focusing on over-education. We define over-education by combining occupation codes and a self-reported measure...
Persistent link: https://www.econbiz.de/10012779027
Korean Abstract: 최근 코로나19 확산에 따라 젊은층을 중심으로 고용상황이 악화되면서 불황기에 대학을 졸업하는 근로자의 장기적인 임금 손실 및 동 현상의 메커니즘에 대한 관심이 증대되고 있다. 기존 연구를 보면 불황기에...
Persistent link: https://www.econbiz.de/10013310293
vacancies implies, via the concavity of the matching function, that business cycles reduce the average number of new jobs and …
Persistent link: https://www.econbiz.de/10011817364
For the USA in 1987–2017, I document, at business cycle frequencies, that the employer-size wage premium of high-skill workers tends to be high (low) in times of low (high) unemployment relative to that of low-skill workers. The differential size wage premium between high-skill and low-skill...
Persistent link: https://www.econbiz.de/10012937106